Transnational Data Protection:The implication of the European General Data Protection Regulation for transnational business models and their data tran

Masters Thesis from the year 2017 in the subject Law - European and International Law, Intellectual Properties, grade: 1,0, Steinbeis University Berlin (SIBE), language: English, abstract: The Thesis focuses on the legal perspective of Transnational Data Protection. Here, the scope of the thesis is limited to the provisions and interdependencies of the European Union (EU). Matters of national legislation of EU Member States are implicitly mentioned or characterized but not within the scope of the thesis. Within the current business as well as administrative environment the topic of data protection is a crucial factor for business, public reception and security. The Snowden incident, the Safe Harbor Ruling of the European Court of Justice and ultimately the introduction of the new European General Data Protection Regulation in May 2018 poses potential threat scenarios for businesses and require responsive actions on the respective management level. While the importance of data protections is now an omnipresent and a commonly known issue, it is still a rather neglected topic. It often bears the stigma of nuisance and implies costly implementation of measures and processes. Nonetheless, corporations, companies, businesses and governmental agencies have to adhere to data protection regulations, the demands of the digitalization and social pressure. Therefore, the abidance by Data Protection Law has incrementally gained a more essential role within companys and administrations structures during the last years. This is especially true for transnational contexts. Here, Data Protection Management encompasses privacy compliance and organizational privacy management as part of the information security risk management. Essentially the objective and responsibility of Data Protection Management in the context of transnational data flows in the EU are based in its the legal framework. Within the current business environment the topic of data protection is a crucial factor